Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Not financial advice. Analytical data for research only.
Intrinsiqq is a Netherlands-based company operating in Rotterdam, KvK 73238007.
ACS, Actividades de Construcción y Servicios, S.A. is a leading global infrastructure development company headquartered in Madrid, Spain, founded in 1997. It specializes in construction, engineering, and services across key sectors including civil engineering for highways, railways, maritime and airport works, hydraulic infrastructures, ports, and buildings for educational, sports, residential, and social purposes. The company also manages mining services, infrastructure concessions under public-private partnerships, building maintenance, energy efficiency, cleaning, security, and personal care services for the elderly and dependent individuals. ACS operates worldwide, with significant revenue from the United States (57%), Australia (21.2%), and Spain (8.7%), employing around 144,000 to 157,000 people. Its subsidiaries like Turner Construction, CIMIC, Iridium, and Flatiron support diverse projects in transportation, energy, environment, and industrial services. Led by Executive Chairman Florentino Pérez Rodríguez and CEO Juan Santamaría Cases, ACS plays a vital role in advancing economic and social progress through sustainable infrastructure solutions.
€108.70
€0.80 (-0.73%)
EOD Aug 17, 2026
Operating margin is thin at 2.91%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue grew 19.7%, still solid.
Even for strong businesses, today's 22x P/E means the stock needs to keep delivering. There's no margin of safety if growth disappoints.
21.5x earnings, 12.3x FCF. Valuation is in a reasonable range. The main question is whether the business can re-accelerate or if current trajectory is already priced in.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
€63.05B
▲ +19.7% YoY
Net Income (TTM)
€1.53B
▲ +12.0% YoY
Op. Margin
2.91%
▲ +0.9pp YoY
ROIC
5.29%
▲ +0.6pp YoY
Cash Flow & Balance Sheet
FCF (FY)
€2.30B
▲ +8.0% YoY
Op. Cash Flow (FY)
€2.94B
▲ +9.4% YoY
Net Debt
€2.12B
Cash & Equiv.
€13.21B
3Y CAGR: +14.0%
3Y CAGR: +16.5%
Continue Research
At a P/E of 21.5 and a price-to-free-cash-flow of 12.3, ACS (ACS.XMAD) trades below a two-stage DCF intrinsic value of about €355.87 per share, so at €108.70 the stock looks undervalued (227.4% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, ACS scores 81/100 on Intrinsiqq's quality scorecard (a high-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 1.5%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about €355.87 per share for ACS.XMAD, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around €266.90. At today's €108.70, that puts the stock about 227.4% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
ACS scores 81 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a high-quality business on these measures. Recent fundamentals include a 2.9% operating margin and a 5.3% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, ACS pays a regular dividend of about €1.61 per share per year (typically in quarterly installments), a yield of roughly 1.5% at the current price. That is a payout ratio of about 27.5% of earnings, so the dividend is amply covered by earnings. ACS has grown the dividend at roughly 1.5% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For ACS.XMAD's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. ACS.XMAD currently trades below its estimated intrinsic value and scores 81/100 on quality (high-quality). It also yields about 1.5%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.